Written by ForexBrokers.com
In this head to head comparison of Swissquote vs Libertex (Forex Club), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the regulatory aspects of Swissquote and Libertex, potential investors will notice some key differences. Established in 1996, Swissquote is not only a publicly traded company but also functions as a bank, offering a high level of credibility. With a perfect Trust Score rating of 99 from ForexBrokers.com, Swissquote holds an impressive five Tier-1 licenses, indicating a status of being highly trusted. They also maintain one Tier-2 license, which underscores their trusted standing in the financial industry.
On the other hand, Libertex, founded in 1997, is not publicly traded nor does it operate as a bank, which might appeal differently to investors weighing their options. With a Trust Score of 73, Libertex is categorized as average risk according to ForexBrokers.com. They possess one Tier-1 license, which is highly regarded, but lack any Tier-2 licenses. These distinctions offer a clear picture of the regulatory positioning of each broker in the online trading market, helping investors make informed decisions based on trust and financial security.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 1996 | 1997 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 0 |
When comparing the commission and fee structures of Swissquote and Libertex (Forex Club), there are notable differences that may influence your choice depending on your trading priorities. Swissquote, a Swiss banking conglomerate, provides a sense of security but often at a premium cost. The trading costs with Swissquote are a bit higher and they don't always stack up favorably against lower-cost forex brokers. Their U.K.-based accounts typically offer lower costs and deposit requirements compared to their Swiss and Luxembourg branches. For frequent traders, the Elite account at Swissquote's U.K. entity stands out with lower spreads and a $5 charge per round-turn trade. However, beginners might find the Standard account's 1.3 pips spread on EUR/USD less appealing.
Libertex (Forex Club), on the other hand, presents a more streamlined structure but lacks available spread data, making direct cost comparisons challenging. Their overall commission and fees rating is slightly lower, earning 3 out of 5 stars, versus Swissquote's 3.5 out of 5 stars. This suggests Swissquote is perceived to offer marginally better value in terms of fees. However, when it comes to global rankings, Swissquote ranks #52 out of 62 brokers, while Libertex trails at #61, further highlighting the competitive edge Swissquote holds in the fees department.
Ultimately, your decision might rest on what you prioritize more: the prestige and security of being linked with a Swiss banking entity with Swissquote, or the potentially simpler, though ambiguous, fee structure of Libertex. Consider your trading habits, specifically the needed deposit levels and expected spread costs, when choosing between these options.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $1000 | $10 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Swissquote and Libertex (Forex Club), Swissquote stands out with a broader selection, offering 472 tradeable symbols compared to Libertex's 300. Swissquote provides access to 80 forex pairs, surpassing Libertex's offering of 51 pairs. Moreover, Swissquote clients can purchase exchange traded securities on U.S. and international exchanges, enabling them to buy shares like Apple (NASDAQ: AAPL) and Vodafone (VOD-GB) directly, a feature not available with Libertex. Both brokers facilitate forex trading through CFDs or spot contracts and offer copy trading capabilities, appealing to traders who prefer replicating strategies.
In terms of cryptocurrency options, Swissquote users can buy actual cryptocurrency, while Libertex limits its offering to cryptocurrency derivatives. Swissquote is highly rated with 5 stars for its range of investments and is ranked 2nd among 62 brokers in this category by ForexBrokers.com. In contrast, Libertex receives 3.5 stars and is ranked 53rd, highlighting Swissquote's comprehensive investment options and position as a leading choice for diverse investment strategies.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 472 | 300 |
| Forex Pairs (Total) | 80 | 51 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Swissquote and Libertex (Forex Club) both offer comprehensive trading platforms and tools that cater to traders of all levels. Both brokers provide free virtual demo accounts, allowing users to practice trading without financial risk. Additionally, Swissquote and Libertex have developed their own proprietary platforms and support popular platforms like MetaTrader 4. However, Swissquote has the upper hand with its offering of MetaTrader 5, not available with Libertex. Both brokers feature Windows-based downloadable platforms and web-based browser platforms, giving traders flexibility in how they access their accounts. Also, both support copy trading, accommodating strategies from beginner to advanced traders.
Charting tools and watch list customization are areas where Swissquote shines compared to Libertex. Swissquote offers 75 drawing tools for charting, significantly more than Libertex's 30, along with 11 customizable columns for watch lists versus Libertex's 7. Both brokers allow trading directly from a stock chart, an essential feature for quick decision-making. When rated for trading platforms and tools, Swissquote scores 4.5 stars out of 5, while Libertex garners a 4-star rating. Swissquote is ranked #11 among 62 brokers in the Trading Platforms and Tools category by ForexBrokers.com, while Libertex holds the #50 position, highlighting Swissquote's superior offering in this field.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 86 | 15 |
| Charting - Drawing Tools (Total) | 75 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps from Swissquote and Libertex (Forex Club), both platforms offer mobile apps for iPhone and Android devices. They allow users to receive stock or forex price alerts and include the ability to draw trendlines on charts, view multiple time frames, and employ up to 30 technical studies for insightful market analysis. However, a notable distinction arises in watchlist capabilities. While Libertex provides watchlist symbol syncing that ensures consistency between mobile and online accounts, Swissquote does not offer this feature. Swissquote, on the other hand, automatically saves chart drawings, offering convenience and ease of ongoing analysis compared to Libertex.
In terms of overall performance, Swissquote's mobile trading app holds a higher rating, achieving 4.5 stars, whereas Libertex garners 4 stars. This is reflected in their respective rankings, as Swissquote impressively secures the 10th position among 62 brokers in the Mobile Trading Apps category on ForexBrokers.com, while Libertex ranks 48th. Both apps allow for the creation of watchlists with real-time quotes, catering to the dynamic needs of traders seeking timely market information on the go. These differences make Swissquote a slightly more refined choice for traders prioritizing advanced features and higher rated app experience.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Swissquote and Libertex (Forex Club), there are notable differences in availability and depth of resources. Swissquote provides daily market commentary, allowing traders to stay updated with day-to-day market moves, a feature that Libertex lacks. Both brokers deliver forex news from prestigious sources like Bloomberg and Reuters, ensuring access to high-quality market insights. Swissquote takes the lead in technical analysis by offering tools from Autochartist, a capability Libertex does not provide. Neither Swissquote nor Libertex offers tools from Trading Central, sentiment-based trading tools, or market research insights from TipRanks and Acuity Trading. However, both brokers do supply economic calendars to help track global economic events.
Assessing the research ratings, Swissquote earns a respectable 4 out of 5 stars, positioning itself well in the market research landscape. Libertex falls slightly behind with a 3-star rating. Swissquote is ranked #16 out of 62 brokers by ForexBrokers.com for its market research prowess, while Libertex sits at #60, reflecting Swissquote's stronger emphasis and capability in this area. These differentiators highlight Swissquote's advantage in offering comprehensive research tools and insights for informed trading decisions compared to Libertex.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners interested in forex and CFDs, both Swissquote and Libertex (Forex Club) offer educational content, providing a good starting point for learning about these trading areas. However, Swissquote distinguishes itself with a more comprehensive educational setup. Swissquote provides regular online webinars and a searchable archive of past sessions to help expand and deepen understanding over time. Beginners can benefit from at least 10 specific educational videos focusing on trading basics, accompanied by an extensive investor dictionary offering over 50 terms to ensure a solid foundation.
In comparison, Libertex (Forex Club) also delivers 10 pieces of educational content but lacks the regular webinars and the accessible archive feature. Their beginner video selection does not meet the 10-video threshold, although they do offer advanced trading content similar to Swissquote. Another difference lies in the absence of a detailed investor dictionary, which Swissquote supplies as an additional learning tool. As a result of these distinctions, Swissquote receives a higher education rating of 4 stars and ranks 21st out of 62 brokers in the Education category, whereas Libertex holds 3 stars and ranks 57th.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Swissquote is better than Libertex (Forex Club). Swissquote finished with an overall rank of #11, while Libertex (Forex Club) finished with an overall rank of #60.
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank.
| Feature |
Swissquote
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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While Swissquote allows investors to purchase actual delivered cryptocurrency and cryptocurrency derivatives, Libertex (Forex Club) only offers the option to trade in cryptocurrency derivatives without providing the ability to buy the actual digital coins.
Both Swissquote and Libertex (Forex Club) support ACH and SEPA transfers, PayPal, Skrill, and bank wire options for depositing or withdrawing funds, but only Swissquote offers Visa or Mastercard as a payment option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
| Broker Screenshots | Swissquote | Libertex (Forex Club) | |
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| Regulation | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1996 | 1997 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 0 |
| Tier-1 Licenses (Highly Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 472 | 300 | |
| Forex Pairs (Total) | 80 | 51 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $1000 | $10 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 86 | 15 | |
| Charting - Drawing Tools (Total) | 75 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Swissquote | Libertex (Forex Club) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Swissquote Review |
| Overall | Swissquote | Libertex (Forex Club) | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | Swissquote Review |
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